Kaufman & Broad S.A.

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Kaufman & Broad SA
Société anonyme
Traded as EuronextKOF
Industry Real estate development
Construction
Founded 1968 (1968)
Headquarters Neuilly-sur-Seine, France[1]
Key people
Guy Nafilyan
(Chairman and CEO)
Revenue €1.04 billion (2011)[2]
€89.85 million (2011)[2]
€57.49 million (2011)[2]
Total assets 537.82 million (2011)[2]
Website www.ketb.com

Kaufman & Broad is a publicly traded real estate development and construction company headquartered in Neuilly-sur-Seine, France.[1] It was a subsidiary of the American homebuilding company KB Home until May 2007, when it was sold to the private equity firm PAI Partners for 601 million euros (812 million dollars).[3] It is Paris's largest homebuilder.[4]

History[edit]

The company was created in 1968[1] and delivered its first homes in 1970. After a series of acquisitions Kaufman & Broad S.A. was listed on the Paris Bourse in 2000.

Activities[edit]

Kaufman & Broad is a developer and constructor in a number of real estate sectors, including single-family homes, apartments, accommodations and office spaces. It operates through its many subsidiaries.[1]

Direction[edit]

The current president of Kaufman & Broad S.A. is Guy Nafilyan.

Shareholders' structure[edit]

This is the shareholders' structure reported by the company as of 30 November 2011:[2]

Shareholder Number of shares Percentage
Financière Gaillon 8 and companies held by the funds from PAI Partners 19,133,746 88.65%
Kaufman & Broad 278,109 1.29%
Public 1,983,806 9.19%
Employees 188,997 0.88%

References[edit]

  1. ^ a b c d "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek. Retrieved 25 September 2012. 
  2. ^ a b c d e "2011 Registration Document" (PDF). Kaufman & Broad. Retrieved 25 September 2012. 
  3. ^ "KB Home agrees to sell French division". latimes.com. Los Angeles Times. 24 May 2007. Retrieved 26 September 2012. 
  4. ^ "Sarkozy, Royal Campaign Pledges May Lift French Building Stocks". Bloomberg.com. 27 March 2007. 

External links[edit]